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Britannia P&I cut technical loss, upped reserves, ahead of bridge toll
Insurance
Britannia P&I cut technical loss, upped reserves, ahead of bridge toll
The group notified a quarter billion to IG in year preceding pending Baltimore Bridge loss.   21 June 2024
CEA earthquake program names reinsurance cost ca. 6.9% rate-on-line
Reinsurance
CEA earthquake program names reinsurance cost ca. 6.9% rate-on-line
The board will be asked to preserve a member assessment layer via pending bond issuance.   20 June 2024
Insurers admit being capital-hungry; 18% look to third-party investors
Insurance
Insurers admit being capital-hungry; 18% look to third-party investors
Some 39% of insurers feel pressured to secure more capital; 60% say it would help growth.   19 June 2024
Reinsurance
Malaysian Re & Pacific Life Re extend Islamic reinsurance programme
Collaboration on retakaful solutions between the parties dates back to 2019.   19 June 2024
Insurance
Zurich seals $670m deal for majority stake in Indian general insurer
The deal is India's largest foreign investment in general insurance since FDI cap upped.   19 June 2024
Reinsurance
Munich Re expands parametric risk transfer capabilities with key hire
The hire has worked at TigerRisk, Sompo and Parameter Climate.   18 June 2024
Insurance
Aventum broker Consilium launches into credit and political risk space
The group tapped a 30-year London and global market expert to lead new specialist charge.   18 June 2024
Reinsurance
SCOR head of P&C MENA Hedi Hachicha passes
The 23-year SCOR vet was instrumental in shaping the company’s presence in the region.   18 June 2024
Reinsurance
SCOR lifts chief retrocession officer to head up risk partnerships
The reinsurer will centralise its P&C and L&H retro teams under his leadership.   17 June 2024
Insurance
Industry pays tribute to Bermuda veteran Dinos Iordanou
The co-founder of Arch and current chair of Vantage has died at age 74.   17 June 2024

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